10011 NE 123rd StKirklandWA98034
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Kirkland at 10011 NE 123rd St, Kirkland, WA, 98034 offers a 6.72% rental yield on a $510,000 purchase with $2,855/mo rent. 55% in year one. Equity gained on principal adds $3,291/yr while 5% annual appreciation supports $140,904 over five years. Portfolio math shows five-year ROI at 95.31% and total cumulative return in cash at $159,927. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,855/mo property income against a $2,496/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98034, Kirkland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,504 (100%) |
| Owner Occupied HU | 13,264 (56.4%) |
| Renter Occupied HU | 9,398 (40.0%) |
| Vacant Housing Units | 842 ( 3.6%) |
| Median Home Value | $961,870 |
| Average Home Value | $1,097,077 |
Housing Distribution
Address Breakdown
Residential
23,138
Single Family
15,686
Multi-Family
7,452
Businesses
964
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Listed by: N/A • N/A
Mls Name: FSBO-Online.com
Mls ID: #N/A